Athletic shoe retailer Foot Locker Inc on Thursday reported a 36 per cent rise in third quarter earnings on sales of higher margin products.

Adjusted sales for the quarter increased to $1.12 billion from $1.08 billion, although same-store sales fell 0.7 per cent. Profit climbed to $42 million, or 29 cents per share, from $38 million, or 26 cents per share.

Footlocker, which runs about 3,600 athletic specialty stores in 14 countries, said it expects fourth-quarter earnings of 33 cents to 35 cents per share.